Slimstock is proud to announce being appointed official partner in the showcase during this year’s selected ASW Technology Partner Day event in Hong Kong. Main goal is to share future IT roadmap and present expertise in inventory optimisation and how to achieve supply chain excellence. Slim4 inventory optimisation software is a best of breed solution which is specifically designed to help overcome world-wide retailers’ challenges.
Everyone is looking to strike a balance between working capital, operational costs and the optimal service level. It is vital that business leaders focus their time and attention on areas that deliver the greatest returns. The quickly changing online landscape requires innovative retailers to deal with customers who can constantly look for the best price and expect delivery as they require.
Next to traditional competition, pure players enter the market and suppliers are selling directly to customer. This causes customer loyalty to decrease and makes demand more volatile. Planning becomes even more difficult due to constant pressure on promotions.
In order to adapt quickly to changes and to be able to proactively manage inventory, A.S. Watson Group (ASW) partnered with the European market leader Slimstock and integrated Slim4 completely within their ERP system. Slim4 software is designed to help retailers getting the right stock at the right time at the right place and assuring unrivalled levels of customer service.
Slim4 manages both push and pull streams. It has been developed for forecasting at daily level, automated PLC management, store replenishment and for dealing with large promotional volumes taking into account the desired store image. It enables users to gain valuable insights to satisfy future demand. The long-term strategic relationship will focus on enabling ASW to implement the complete solution for the structural optimisation of their inventory.
Malina Ngai, Group Chief Operating Officer of A.S. Watson, is delighted to announce Slimstock as an ASW Tech Partner, “We started the Technology Partnership Programme last year with the aim to create longer term partnership instead of short-term client-vendor relationship. Through this mutual commitment, our Tech Partners like Slimstock whom we have chosen to work with have brought us great expertise and innovation to help us accelerate our digital transformation. As one of the key benefits, they have access to senior management, visibility on our growth strategy as well as technology roadmap. As we continue our digital transformation journey, we will invest in the right technology and the right partnership to help us enhance our ability to build stronger customer connectivity, online and offline, which in return will make us customers’ most-loved brands.”
Eric van Dijk, CEO, Slimstock, “Supply chain operational excellence is key to survive in the rapidly changing and highly competitive retail landscape. We are proud to be selected by A.S. Watson as partner in this important area of expertise.”
